Eastern Communications Ownership

Eastern Communications holds a total of 300 Million outstanding shares. Roughly 94.17 percent of Eastern Communications outstanding shares are held by general public with 1.62 (percent) owned by insiders and only 4.21 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it. Some institutional investors establish a significant position in stocks such as Eastern Communications in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Eastern Communications, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. As of November 26, 2024, Dividends Paid is expected to decline to about 53.3 M. As of November 26, 2024, Common Stock Shares Outstanding is expected to decline to about 1 B. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 98.1 M. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eastern Communications Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.